Minister Batheeb says Yemen's national economy lost over $90 billions

Decree of Chairman of Leadership Council to sack Minister Defense , refer him to retirement

Decree No. (11) of 2026 was issued today, Thursday, by the Chairman of the Presidential Leadership Council, Commander-in-Chief of the Armed Forces.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Turkey's exports to neighboring countries exceed $28 billion in 2025

Turkey's revenues from exports to neighboring countries made $28.352 billion in 2025, marking an increase of 4.6% compared to 2024, when they amounted to $27.092 billion.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2026/01/09 Time 06:24:23
Latest News:

Al-Mahrami, US Ambassador discuss joint cooperation, partnership

Ambassador Balfagih Discusses Strengthening Bilateral Relations with Indonesian Foreign Minister

Prime Minister Receives Turkish Ambassador

Leadership Council Member Tariq Saleh meets with UN Envoy

Governor of Aden discusses with OCHA ways to enhance humanitarian response

Minister Batheeb says Yemen's national economy lost over $90 billions

[12/10/2021 02:14]

ADEN - SABA
Minister of Planning and International Cooperation Dr. Wa'ed Batheeb stated that Yemen's national economy has incurred losses exceeding $90 billion and national currency value depreciated approximately 180% against foreign currencies as a result of Houthi militia's coup d'état against the legitimate government in 2014.

His remarks came during his contribution today to the discussions of the annual meetings of the World Bank (WB) Group. The deliberations conducted via video conference with a participation by the WB Country Director for Egypt, Yemen and Djibouti Marina Wes and WB Executive Director Dr. Merza Hassan.

Batheeb provided an informative presentation about the challenges facing Yemen's national economy, crippling hardships the Yemeni peoples have been struggling with, calling for resuming the WB Office's activities in the temporary capital Aden.